What does the divorce process entail?
Q: What property gets divided in a divorce? A: In all dissolution of marriage proceedings, the parties are required to divide all of their real and personal property, as well as any joint or individual debt they have acquired during their marriage. Generally, all property obtained during the marriage is equitably (not necessarily exactly 50/50) divided. This includes assets like: your house, household goods, car, boat, atv’s, vacation properties, time shares, undeveloped land, business property, as well as bank accounts, pensions, 401ks, investments, stocks, bonds, life insurance, mutual funds, patents, business good will, and debts. Property that was obtained prior to the marriage or with non-marital funds is not subject to division unless there is a recognized exception to invade the non-marital property. (This is a highly technical area of divorce law, if you have non-marital property you should obtain professional advice.) Q: What is the difference between marital and non-marital p
